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The Hindu
The Hindu
National
The Hindu Bureau

Morning Digest | Private sector share in investment sees sharp decline in Q1; PM Modi announces agreement for use of UPI in France, and more

France IND Agnipath Elina Svitolina Narendra Modi UPSC Yashasvi Jaiswal India

Q1 investment: Manufacturing stuttered, private sector share slipped

Private investors turned cautious in the first quarter of 2023-24, with fresh manufacturing investment plans shrinking 17.5% year-on-year and overall project outlays rising just 4.7% to ₹3.88 lakh crore, according to Projects Today. While the April to June period (Q1) recorded a sharp sequential decline in investment plans announced by private players — from a record high of ₹10.5 lakh crore in the previous quarter — proposed outlays by the Centre and State government did the heavy lifting.

PM in France | Modi describes India as ‘model of diversity’ and announces agreement for use of UPI in France

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